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France Economy
GDP:
purchasing power parity - $1.661 trillion (2003 est.)
GDP - real growth rate:
0.5% (2003 est.)
GDP - per capita:
purchasing power parity - $27,600 (2003 est.)
GDP - composition by sector:
agriculture: 2.7%
industry: 24.4%
services: 72.9% (2003 est.)
Investment (gross fixed):
19.2% of GDP (2003)
Population below poverty line:
6.5% (2000)
Household income or consumption by percentage share:
lowest 10%: 2.8%
highest 10%: 25.1% (1995)
Distribution of family income - Gini index:
32.7 (1995)
Inflation rate (consumer prices):
2.1% (2003 est.)
Labor force:
27.39 million (2003 est.)
Labor force - by occupation:
agriculture 4.1%, industry 24.4%, services 71.5% (1999)
Unemployment rate:
9.7% (2003 est.)
Budget:
revenues: $882.8 billion
expenditures: $955.4 billion, including capital expenditures of $23 billion (2003 est.)
Public debt:
68.8% of GDP (2003)
Industries:
machinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism
Industrial production growth rate:
-0.3% (2003)
Electricity - production:
520.1 billion kWh (2001)
Electricity - production by source:
fossil fuel: 8.2%
hydro: 14%
other: 0.7% (2001)
nuclear: 77.1%
Electricity - consumption:
415.3 billion kWh (2001)
Electricity - exports:
72.6 billion kWh (2001)
Electricity - imports:
4.2 billion kWh (2001)
Oil - production:
34,920 bbl/day (2001 est.)
Oil - consumption:
2.026 million bbl/day (2001 est.)
Oil - exports:
409,600 bbl/day (2001)
Oil - imports:
2.281 million bbl/day (2001)
Oil - proved reserves:
144.3 million bbl (1 January 2002)
Natural gas - production:
1.898 billion cu m (2001 est.)
Natural gas - consumption:
42.01 billion cu m (2001 est.)
Natural gas - exports:
1.725 billion cu m (2001 est.)
Natural gas - imports:
40.26 billion cu m (2001 est.)
Natural gas - proved reserves:
12.86 billion cu m (1 January 2002)
Agriculture - products:
wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish
Current account balance:
$13.8 billion (2003)
Exports:
$346.5 billion f.o.b. (2003 est.)
Exports - commodities:
machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages
Exports - partners:
Germany 14.9%, Spain 9.6%, UK 9.4%, Italy 9.3%, Belgium 7.2%, US 6.8% (2003 est.)
Imports:
$339.9 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals
Imports - partners:
Germany 19.1%, Belgium 9.4%, Italy 9%, Spain 7.4%, Netherlands 7%, UK 7%, US 5.4% (2003 est.)
Reserves of foreign exchange & gold:
$70.76 billion (2003)
Debt - external:
NA
Economic aid - donor:
ODA, $5.4 billion (2002)
Currency:
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Currency code:
EUR
Exchange rates:
euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
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